Skip to main content

IPPI was just too boring to talk about!

So, Industrial production price input (IPPI) was up a bit in August +0.5% (Huge yawn really), guess what all the increase in prices is due to cost of motor vehicle (big whoop!), whereas raw material costs were flat (and will be falling for September -- you can bet on that).

Some of the 2011 census data is starting to emerge, the big stuff:  Canada's population is 34,403,800 up 1% over the past year, aging is a bit of a problem since fertility rate is below 2.1% (population replacement rate). Average age is 39.9 years (up 0.2 years) and 16% of Canada's population is below the age of 15.

Bonus:  Last week, a report came out that the Americans were thinking of building a "wall" between Canada and the U.S.  initially I thought it was a joke (a bit like the Onion), turns out no so much (Globe and Mail today).  Apparently, the Americans have decided that it would be a very good way of keeping terrorists and illegal immigrants out -- turns out Canada agrees, plus the Americans are going to cover the entire cost.  turns out most of the illegal immigration is from the U.S. to Canada (not the other way around).

Personally, with the crazies running the show in the U.S. right now, I think this is probably a good idea (I wish them luck with the Rockies (but not really my problem or Canada's dime).  Next shoe to drop is the XL pipeline, should America decide they don't want our oil -- better for Canada in the long run, selling to the rest of the world is probably a better idea anyway!

Comments

Popular posts from this blog

what people get wrong about tariffs

 The issue is simple. What percentage of the economy is dependent on tariff goods? The truth, is that the US economy is far more closed than people understand. People genuinely believe that all manufacturing has ceased to exist in the United States all given to China on the altar of woke policy the truth can be further from That statement. Only about 15% of US GDP is related to foreign trade. Of that amount, slightly more than half is from Canada in Mexico. And half of that is energy. What that means, is that about 7% of US GDP is tariff dependent. The proof in the pudding, is how little money tariff generates. People think that 30 or 50 billion is a lot it’s not in an economy that has $3 trillion. The impact on the US economy will be less visible but not absent. Inflation hasn’t occurred yet first because tests have hardly started to bite, but more importantly it’s such a small percent of the economy. Now certain things are critical. The rare earth metals from China were critical....

Trump and Venezuela...

The US now owns Venezuela…and not in a good way.  America is not known for its nation building skills, and yet it now owns the disaster that is Venezuela.   Starvation and exodus are the natural progression.   In addition it will become a haven for narco-terrorists, more so than it already was. I am sure that Trump and his friends really thought that little attack very well…I guess that he will now attack Iran now.  

Demographics

 I am preparing a kind of family tree for our children so that they know where they came from.  In my family I am the only survivor, although my brother and sister died recently they were both in their seventies (a story I told already).    It was a fun process, but it provided more than that.  First, I married relatively young I was 26 when I married and nearly 30 when our first child was born.   I was looking at my ancestors.  On my mother's side, she had 6 siblings, Four died before the age of 30, two in war, and two from illnesses.  Only she and a single sister survived.   The two boys had a child each but they died in WWII, and the other sister died as an infant.   what is interesting is that every one of my mother's siblings had children in their early 20s.   I know that my mom was hardly 20 when my brother was born.    What is remarkable is that among our friends, we are the only ones to have fou...